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EFG Hermes Corp-Solutions closes EGP 500 mn bond issuance
EFG Hermes Corp-Solutions has closed an EGP 500 mn bond issuance that the company said is the first component of…
AT Lease closes EGP 1.6 bn securitization
Shari’ah-compliant leasing company AT Lease has closed its third securitized bond issuance worth EGP 1.6 bn, backed by a receivables…
CBE goes for 200-bps rate hike to tamp-down inflation
The Central Bank of Egypt (CBE) raised interest rates for the second time since March as it looks to rein-in…
THIS MORNING: Samih Sawiris steps down as ODE chairman; Shoukry to co-chair climate meeting in Copenhagen; US inflation data spooks markets
It’s another heavy news day, wonderful people, with tons of investment news here at home and no sign that the…
EM debt is under pressure — but after headwinds subside, Latin America could be in for a windfall
US real yields turning positive to raise pressure on EMs: The inflation-adjusted 10-year yield on US treasuries turned briefly positive…
Twitter’s board greenlights Musk’s takeover bid
Looks like Elon Musk is buying Twitter after all: The Twitter board has okayed the Tesla boss’ offer to fully…
THIS MORNING: Enjoy the long weekend — we’ll be back next Tuesday
Good morning, friends, and welcome to a brisk news day. PSA #1- Hello, four-day weekend: The Central Bank of Egypt…
THIS MORNING: GASC launches its first tender in weeks + Forbes gives props to Egyptian healthcare players
Good morning, friends, and happy hump day. It’s a brisk day on the news front, but there’s no single theme…
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